Fresh FDI surges through capital contribution, share acquisition

Fresh FDI surges over 80 percent through capital contribution and share acquisition in the first six months of year, said the Foreign Investment Agency under the Ministry of Planning and Investment.

As per statistics of the Agency, in the first six months of the year, foreign investors have made 2,749 transactions to contribute capital and buy shares worth US$4.1 billion, a year-on-year rise of 82.4 percent.

In all, new FDI capital in the month totals $20.33 billion, up 5.7 percent against the same period a year earlier.

Of which, 1,366 fresh FDI projects issued business licenses with total registered capital of $11.8 billion, equal to 99.7 percent compared to same period last year. Additionally, 507 operational projects had the nod to inject an extra $4.43 billion, up 86.2 percent against the year-ago period.

New FDI capital is mainly poured into 17 sectors. The processing-manufacturing sector caught investors’ eyes making up the biggest proportion of capital contributions and share acquisitions with $7.91 billion, which accounts for 38.9 percent of the total registered capital.

The realty estate followed the second rank with investment of $5.54 billion accounting for 27.3 percent of total registered capital. The retail sector ranked third with $1.5 billion accounting for 7.4 percent of total.

Among 86 countries and territories with fresh investment projects in Vietnam in half of the year, Japan took the lead with $6.47 billion (accounting for 31.8 percent of total registered capital), followed by South Korea with $5.06 billion (24.9 percent); and Singapore with $2.39 billion (11.8 percent).

The FDI projects approved this month are in 55 provinces and cities. Among these, Hanoi has the highest volume of $5.87 billion (28.9 percent of total registered capital), followed by Ho Chi Minh City with $3.68 billion (18.1 percent), Ba Ria – Vung Tau province with $1.93 billion (9.5 percent).